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Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
BSP:CEEB3's Price-to-Projected-FCF is ranked better than 88.06% of 377
companies
in the Utilities - Regulated industry
Industry Median: 1.03
vs BSP:CEEB3: 0.39
Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Companhia de Eletricidade do Estado da Bahia – Coelba's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
46.30
/
117.39683250287
=
0.39
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companhia de Eletricidade do Estado da Bahia – Coelba Intrinsic Value: Projected FCF Related Terms
Companhia de Eletricidade do Estado da Bahia – Coelba Intrinsic Value: Projected FCF Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Companhia de Eletricidade do Estado da Bahia – Coelba Intrinsic Value: Projected FCF Chart
Companhia de Eletricidade do Estado da Bahia – Coelba Annual Data
BSP:CEEB3 vs NEE, SO, DUK: Intrinsic Value: Projected FCF Comparison
For the Utilities - Regulated Electric subindustry, Companhia de Eletricidade do Estado da Bahia – Coelba's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Companhia de Eletricidade do Estado da Bahia – Coelba Price-to-Projected-FCF vs Utilities - Regulated Industry
Companhia de Eletricidade do Estado da Bahia – Coelba Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Intrinsic Value: Projected FCF of R$117.40 mean?
Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) has a Intrinsic Value: Projected FCF of R$117.40 as of Aug. 21, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. This is 16671% above median its historical median of 0.70. Over the past decade, Companhia de Eletricidade do Estado da Bahia – Coelba's Intrinsic Value: Projected FCF has ranged from 0.28 to 74.06. According to the industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #45 out of 377 companies in the Utilities - Regulated industry, placing it in the top 11.9%.
Is Companhia de Eletricidade do Estado da Bahia – Coelba's Intrinsic Value: Projected FCF too high?
Companhia de Eletricidade do Estado da Bahia – Coelba's current Intrinsic Value: Projected FCF of R$117.40 is 16671% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 74.06. Based on the distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #45 out of 377 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Companhia de Eletricidade do Estado da Bahia – Coelba has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Companhia de Eletricidade do Estado da Bahia – Coelba's Intrinsic Value: Projected FCF compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Companhia de Eletricidade do Estado da Bahia – Coelba ranks #45 out of 377 companies for Intrinsic Value: Projected FCF. This places Companhia de Eletricidade do Estado da Bahia – Coelba in the top 12% of its industry — outperforming the majority of peers. The industry median Intrinsic Value: Projected FCF is 1.03. Historically, Companhia de Eletricidade do Estado da Bahia – Coelba's own Intrinsic Value: Projected FCF has ranged from 0.28 to 74.06 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Utilities - Regulated company?
The median Intrinsic Value: Projected FCF among Utilities - Regulated companies is 1.03, based on 377 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Companhia de Eletricidade do Estado da Bahia – Coelba and its competitors. For the Utilities - Regulated industry, the median Intrinsic Value: Projected FCF is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Companhia de Eletricidade do Estado da Bahia – Coelba's current Intrinsic Value: Projected FCF is R$117.40, which is 16671% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia de Eletricidade do Estado da Bahia – Coelba stock overvalued right now?
Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) is currently considered Fairly Valued. The stock's GF Value™ is R$46.27, compared to a current price of R$46.30 — trading 0.1% above its estimated fair value. The current Intrinsic Value: Projected FCF is R$117.40, which is 16671% above median its 10-year median of 0.70. Companhia de Eletricidade do Estado da Bahia – Coelba's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3), the current Intrinsic Value: Projected FCF is R$117.40 as of Aug. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Companhia de Eletricidade do Estado da Bahia – Coelba (BSP:CEEB3) Overvalued in 2026?
Based on GuruFocus' analysis, Companhia de Eletricidade do Estado da Bahia – Coelba stock appears to be overvalued.
The current stock price of R$46.30 is trading 0.1% above its estimated GF Value™ of R$46.27.
GuruFocus considers Companhia de Eletricidade do Estado da Bahia – Coelba to be Fairly Valued.
Key valuation signals for BSP:CEEB3:
Intrinsic Value: Projected FCF: R$117.40 (16671% above median its 10-year median of 0.70)
GF Value™: R$46.27 vs. price of R$46.30 (0.1% above fair value)
No single metric tells the full story. See the BSP:CEEB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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